FL ARCHIVED February 2018 | Page 124
Market Action Report
February 2018
Jupiter/Jupiter
Beach
Market Action Report
City: Jupiter
Title
Phone
Agent
Name
Website
Title Other
February 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
LM
Trending versus*:
L3M PYM
LY
$425,000
0% $624,344
24%
18% 12% 4%
221
24%
69 -10% 17%
8%
16%
11%
.4%
$296
10%
600
270
224
219
108
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The February 2018 Selling Price vs Original
List Price of 93.8% was down from 94.3% last month and down
from 94.2% in February of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
96%
95%
94.2%
95%
93.8%
94%
93.3%
94%
93%
92%
92%
91%
M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F
15
16
17
18
10.0
10.0
600
400
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
8.0
6.0
4.0
2.0
0.0
D J F
18
8.0
6.0
4.0
2.0
0.0
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
1,000
900
800
700
600
500
400
300
200
100
0
M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F
18
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in February 2018 was 248, up 5.1% from 236 last month and
down 5.7% from 263 in February of last year.
Inventory / New Listings / Sales
Inventory / New Listings / Sales
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
.
3 Mo Avg
93%
A comparatively lower MSI is more beneficial for sellers while a 400
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
while of a 6.0
MSI is better
February
2018 MSI
200
higher
MSI
is better
for buyers.
February
2018
MSI of of
6.0 2017 200
months
was
at its lowest
level The
compared
with
February
months
was
at
its
lowest
level
compared
with
February
of
2017
0
and 2016.
0
and 2016.
M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N
M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F
15
16
17
15
16
17
18
124 | c
169
3 Mo Avg
800
Selling Price per Square Foot
300
290
280
270
260
250
240
230
220
210
200
Inventory & MSI
Median Sales Price and Average Sales Price
16 A M J J A S O N D J F M 17
M A 15
M J J A S O N D J F M
A M J J A S O N D J F
15
16
17
18
The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,000
February
was 751, of
up Properties
6.7% from available
704 last for
month
and
The
Total Inventory
sale as
of down 14.9%
1,000
from 883 was
in 751,
February
of last
February
Inventory
February
up 6.7%
from year.
704 last
month 2018
and down
14.9% was
800
at its 883
lowest
level compared
with February
February 2018
of 2017
and 2016.
from
in February
of last year.
Inventory
was
at its lowest level compared with February of 2017 and 2016.
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The February 2018 Selling Price per Square Foot of $270 was up
14.2% from $237 last month and up 23.5% from 219 in February
of last year.
650
600
550
500
450
400
350
300
800
750
700
650
600
550
500
450
400
350
300
from $462,937 last month. February 2018 ASP was at the
highest level compared to February of 2017 and 2016.
3 Mo Avg
M A M J J A S O N Median
D J F M A Sales
M J Price
J A S O
N D Average
J F M A Sales
M J J Price
A S O N D J F
and
3 Mo Avg
15
16
17
18
Prices
The Median Sales Price in February was $430,000, up 22.3%
from $351,500 in February of 2017 and up 7.9% from $398,500
Prices
The
in February
was in
$430,000,
22.3%
last Median
month. Sales
The Price
Average
Sales Price
February up
was
$748,305,
800
from
$351,500
in $442,946
February of
and up
$398,500
up 68.9%
from
in 2017
February
of 7.9%
2017 from
and up
61.6%
750
last
month.
The Average
Sales February
Price in February
was
$748,305,
from
$462,937
last month.
2018 ASP
was
at the
700
up
68.9%
from
$442,946
in
February
of
2017
and
up
61.6%
highest level compared to February of 2017 and 2016.
0
40
Selling Price per Square Foot
M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F
15
16
17
18
0
50
50
M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F
15
16
17
18
50
100
60
M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F
15
16
17
18
100
150
72
0
200
221 are running 11.6% ahead of last year's year-to-date sales of
198.
73
10
3 Mo Avg
Number of Properties Sold
73
70
20
* LM=Last
Month / L3M=Last
Property
Sales 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
300
February Property sales were 125, up 30.2% from 96 in
February of 2017 and 30.2% higher than the 96 sales last
250
Property
Sales 2018 sales were at their highest level
month. February
300
February
Property
sales were
125, and
up 30.2%
96 in YTD sales of
compared
to February
of 2017
2016. from
February
February
of 2017 and
30.2%
higher
than
the 96
sales last sales of 250 200
221 are running
11.6%
ahead
of last
year's
year-to-date
month.
February
2018
sales
were
at
their
highest
level
198.
150
compared to February of 2017 and 2016. February YTD sales of
80
30
-4%
6%
10%
23%
1%
221
12%
February Sold Price per Square Foot
$256
10%
February Average Days on Market (Solds)
69 -10%
-4%
February Month's Supply of Inventory
6.7 -25%
Asking Price per Square Foot (based on New Listings)
$296
10%
6%
February Sale Price vs List Price Ratio
94.0%
-0%
February Sold Price per Square Foot
$270
14%
10%
24%
16%
$256
10%
10%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
February Month's Supply of Inventory
6.0 -18% -5% -35% 11%
6.7 -25%
23%
of 94.0%
Properties
February Sale Price vs List Price Ratio
93.8% -.5% -.1% -.4% Number
.4%
-0% Sold 1%
February Number of Properties Sold
90
Asking Price per Square Foot (based on New Listings)
$624,344
4%
17%
3 Mo Avg
100
February Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
5%
40%
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for February was 72, up 7.5% from 67
days last month and down 1.4% from 73 days in February of last
year. The February 2018 DOM was at its lowest level compared
with February of 2017 and 2016.
February Average Sales Price
Trending versus*:
YTD
Prior YTD 18%
Prior Year
$425,000
Days On Market for Sold Properties
Market Time
February
Sales
Price
February Median
Number
of Properties
Sold
Trending versus*:
Prior YTD Prior Year
YTD
Average
List Price Currently
of all Current
Total Properties
for Listings
Sale (Inventory)
Community Information | School District
Market
Profile
& Sales
Trends
Overview
February
Median
Price
Median
List Average
Price of Sales
all Current
February
Price Listings
Title
Phone
Website
Other
Price Range: All | Properties: SFH - Con
$599,000
0%
7%
Other
$1,302,044 Trending
-1% versus*:
25%
Month
LM 8%
L3M 1%
PYM 22%
LY
$430,000
$599,000
0% 62% 27%
7% 69%
$748,305
$1,302,044 751
-1% 7%
25% -15%
$430,000 125
8% 30%
1% 22% 30%
5%
$748,305 62%
27%
69%
40%
72 7% 1% -1%
751 7%
-15%
$300 3% 2% 14%
125 30%
30%
$270 14% 10% 24%
72 7% 1% -1% 0%
6.0 -18% -5% -35%
$300 3% 2% 14% 8%
93.8% -.5% -.1% -.4%
Average List Price of all Current Listings
Agent Name
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
February 2018
Jupiter/Jupiter Beach
City: Jupiter
City: Jupiter
Agent Name
Market Action Report
M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F
15
16
17
18
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami Association of REALTORS, My Florida Regional MLS, Naples Area Board of REALTORS, REALTORS Association of the Palm Beaches, Space Coast Association of REALTORS
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
.
| 125
Data is is provided
provided
courtesy
of d Greater
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Naples
Board of REALTORS,
of the Palm
Beaches,
Space Coast
Association Flagler
of REALTORS,
Flagler County
Association
of REALTORS,
Bonita
Springs-Estero
Association
REALTORS,
Royal Palm
Coast REALTOR
Association,
Navarre Area
Board c
of o
REALTORS,
of REALTORS,
of REALTORS
may n
o of l Greater
w Fort
e Fort
l Lauderdale
l Lauderdale
b a REALTORS,
n k REALTORS,
e r REALTOR
h o REALTOR
m Association
e s Association
c of o Martin
m of Martin
l
d w e Emerald
l b Coast
a n Association
k e r Association
h
ome
s Pensacola
c o and
m Association
Data
courtesy
County, County,
Miami Association
of REALTORS,
My Florida My Regional
Naples
Area
Board Area
of REALTORS,
REALTORS REALTORS
Association of Association
the Palm Beaches,
Space
Coast Association
of REALTORS,
County Association
of REALTORS,
Bonita
Springs-Estero
Association
of REALTORS,
Royal of
Palm
Coast REALTOR
Association,
Navarre Area
Board of REALTORS,
Emerald
Coast
Association
of l REALTORS,
Pensacola
of REALTORS
may not reflect
all relevant and
real estate
does not not warrant
warrant
guarantee
accuracy
of this
information.
It is responsibility
the responsibility
any or
buyer
verify
and all information
relevant
to such consumer’s
estate transaction.
does
or or
guarantee
the the
accuracy
of this
information.
It is the
of any of buyer
seller or to seller
verify to any
and any
all information
relevant to
such consumer’s
real estate real
transaction.